THE SAN FRANCISCO HOUSING ACCELERATOR FUND: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE SAN FRANCISCO HOUSING ACCELERATOR FUND (EIN 01-0716217)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-12
- IRS object ID
- 202341329349307544
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-12T16:10:36-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 943108253 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVOGRADAC & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7833 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 941207833 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010716217 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SAN FRANCISCO HOUSING ACCELERATOR | BusinessNameLine1Txt |
| Business Name Line2 | FUND | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SANF | BusinessNameControlTxt |
| Phone | 4156636938 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 244 KEARNY ST 5TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94108 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TAMAR DORFMAN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4156636938 | PhoneNum |
| Signature | 2023-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TAMAR | PersonFirstNm |
| Person Last | DORFMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ELAINE CHANG | PreparerPersonNm |
| PTIN | P01404427 | PTIN |
| Phone | 4153568000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | TAMAR DORFMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 244 KEARNY ST 5TH FLOOR | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94108 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,665,429 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SFHAF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2002 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | THE SAN FRANCISCO HOUSING ACCELERATOR FUND SUPPORTS AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT, AND ECONOMIC DEVELOPMENT FOR CALIFORNIA'S ECONOMICALLY DISADVANTAGED INDIVIDUALS AND COMMUNITIES, BY LENDING TO, INVESTING IN, AND DIRECTLY ACQUIRING SUCH AFFORDABLE HOUSING AND RELATED COMMUNITY DEVELOPMENT REAL ESTATE ASSETS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,129,830 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,176,870 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,800,197 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,455,074 | CYProgramServiceRevenueAmt |
| PY Investment Income | $73,143 | PYInvestmentIncomeAmt |
| CY Investment Income | $70,621 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $9,003,170 | PYTotalRevenueAmt |
| CY Total Revenue | $23,702,565 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $119,092 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,272,403 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,306,568 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $212,333 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,141,995 | PYOtherExpensesAmt |
| CY Other Expenses | $2,557,962 | CYOtherExpensesAmt |
| PY Total Expenses | $3,533,490 | PYTotalExpensesAmt |
| CY Total Expenses | $3,864,530 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,469,680 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $19,838,035 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $152,166,853 | TotalAssetsBOYAmt |
| Total Assets EOY | $204,353,715 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $83,576,498 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $116,649,049 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $68,590,355 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $87,704,666 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CORPORATION'S SPECIFIC PURPOSE IS TO SUPPORT AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT AND ECONOMIC DEVELOPMENT FOR CALIFORNIA'S ECONOMICALLY DISADVANTAGED INDIVIDUALS AND COMMUNITIES, BY LENDING TO, INVESTING IN, AND DIRECTLY ACQUIRING SUCH AFFORDABLE HOUSING AND RELATED COMMUNITY DEVELOPMENT REAL ESTATE ASSETS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,108,616 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $5,525,695 | RevenueAmt |
| Desc | WITHIN ITS ANTI-DISPLACEMENT LENDING PROGRAM, THE FUND CONTINUED TO SUPPORT ITS DEVELOPMENT PARTNERS TO EXPAND THE SMALL SITES PROGRAM AND BIG SITES PROGRAM THROUGHOUT THE CITY AND LOOKED TO SUPPORT A WIDER RANGE OF CITY AND SPONSOR-LED PRESERVATION PROGRAMS, BORROWERS, AND COMMUNITY BENEFIT ORGANIZATION (CBO) PARTNERSHIPS. OVER THE COURSE OF THE FISCAL YEAR, THE FUND SUPPORTED THE ACQUISITION OF SEVEN SMALL SITES OR BIG SITES PROPERTIES, SUPPORTING THE PRESERVATION OF OVER 125 ADDITIONAL UNITS.WITHIN THE FUND'S UNDERUTILIZED LAND ACQUISITION AND BRIDGE LOAN PROGRAM, THE FUND CELEBRATED THE CLOSING OF A PREDEVELOPMENT LOAN TO MERCY HOUSING CALIFORNIA. LOAN PROCEEDS WILL BE USED TO SUPPORT PREDEVELOPMENT EXPENSES FOR THE DEVELOPMENT OF A NEW PROGRAMMING AND SERVICES SPACE FOR THE HOMELESS PRENATAL PROGRAM. IN ADDITION, 73 UNITS OF AFFORDABLE HOUSING, WITH HALF THE UNITS DESIGNATED TO SUPPORT FAMILIES BELOW 30% AMI, WILL BE ADDED TO THE UPPER FLOORS.LASTLY, THE FUND CELEBRATED MAJOR MILESTONES RELATED TO ITS PERMANENT SUPPORTIVE HOUSING INVESTMENT AND LENDING PROGRAM. THE FUND LAUNCHED A NEW PERMANENT LOAN PRODUCT TO SUPPORT THE PERMANENT AFFORDABILITY OF 80 UNITS OF SRO-STYLE HOUSING IN THE MISSION, WITH ALL UNITS SUPPORTING HOUSEHOLDS BELOW 30% AMI THAT HAVE PREVIOUSLY EXPERIENCED HOMELESSNESS. THROUGH THE FUND'S WHOLLY OWNED SUBSIDIARY, THE HOMES FOR THE HOMELESS FUND ("HHF"), HAF CONTINUED TO MAKE SIGNIFICANT PROGRESS ON ITS PROTOTYPE PROJECT AT 833 BRYANT STREET, THE TAHANAN, OVER THE COURSE OF THE REPORTING PERIOD, WITH ALL UNITS BEING FULLY LEASED AND OCCUPIED BY Q3. WITH FUNDS THAT HAVE STARTED TO REVOLVE FROM THIS PROJECT, THE FUND BEGAN THE PROCESS OF IDENTIFYING POTENTIAL SITES FOR A SECOND NEW CONSTRUCTION, PSH PROJECT. BY THE CLOSE OF THE REPORTING PERIOD, THE FUND HAD EXTENDED A SMALL PREDEVELOPMENT LOAN TO MERCY HOUSING CALIFORNIA (THE DEVELOPER OF THE TAHANAN) TO SUPPORT PREDEVELOPMENT EXPENSES FOR A NEW POTENTIAL PSH PROJECT LOCATED ON THE BORDERS OF THE MISSION AND BERNAL HEIGHTS NEIGHBORHOODS. | Desc |
| Total Program Service Expenses | $3,108,616 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 20 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAMAR DORFMAN CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5103900931 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 244 KEARNY STREET | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94108 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| ADHI NAGRAJ | ||||||
| DIRECTOR | 1.25 | Yes (X) | $0 | $0 | $0 | |
| ANAGHA DANDEKAR CLIFFORD | ||||||
| DIRECTOR | 1.25 | Yes (X) | $0 | $0 | $0 | |
| BRIGITT JANDREAU | ||||||
| DIRECTOR | 1.25 | Yes (X) | $0 | $0 | $0 | |
| ERNEST BROWN | ||||||
| DIRECTOR | 1.25 | Yes (X) | $0 | $0 | $0 | |
| LYDIA TAN | ||||||
| BOARD SECRETARY | 1.50 | Yes (X) | $0 | $0 | $0 | |
| MEG SPRIGGS | ||||||
| BOARD PRESIDENT | 1.50 | Yes (X) | $0 | $0 | $0 | |
| NINA HATVANY | ||||||
| DIRECTOR | 1.25 | Yes (X) | $0 | $0 | $0 | |
| PABLO BRAVO | ||||||
| DIRECTOR | 1.25 | Yes (X) | $0 | $0 | $0 | |
| RICH GROSS | ||||||
| DIRECTOR | 1.25 | Yes (X) | $0 | $0 | $0 | |
| TYLER VAN GUNDY | ||||||
| BOARD TREASURER | 1.50 | Yes (X) | $0 | $0 | $0 | |
| REBECCA FOSTER | ||||||
| CEO | 40.00 | $253,460 | $0 | $2,516 | Yes (X) | |
| TAMAR DORFMAN | ||||||
| CFO | 40.00 | $218,560 | $0 | $2,516 | Yes (X) | |
| KATE HARTLEY | ||||||
| CHIEF LENDING & INVESTMENT | 40.00 | $240,910 | $0 | $2,516 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $712,930 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $7,548 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FORSYTH STREET ADVISORS LLC | |||||
| 588 BROADWAY SUITE 1208 | NEW YORK | NY | 10012 | FINANCIAL ADVISORY | $331,168 |
| MARCUM LLP | |||||
| 1899 L STREET NW SUITE 850 | WASHINGTON | DC | 20036 | ACCOUNTING SERVICES | $130,431 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $18,176,870 | AllOtherContributionsAmt |
| Total Contributions | $18,176,870 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROJECT LOAN INTEREST EARNINGS | 900099 | $3,556,001 | $3,556,001 |
| ORIGINATION FEE INCOME | 900099 | $773,853 | $773,853 |
| CONTRACTS REVENUE | 900099 | $639,676 | $639,676 |
| UPSIZE FEE INCOME | 900099 | $221,164 | $221,164 |
| OTHER INCOME | 900099 | $147,000 | $147,000 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $117,380 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $117,380 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,455,074 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,326 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $77,326 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $956,159 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $962,864 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$6,705 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$6,705 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$6,705 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,702,565 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,525,695 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $681,992 | TotalAmt |
| Program Services | $439,803 | ProgramServicesAmt |
| Management And General | $154,588 | ManagementAndGeneralAmt |
| Fundraising | $87,601 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $499,813 | TotalAmt |
| Program Services | $358,519 | ProgramServicesAmt |
| Management And General | $71,503 | ManagementAndGeneralAmt |
| Fundraising | $69,791 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,403 | TotalAmt |
| Program Services | $38,674 | ProgramServicesAmt |
| Management And General | $9,859 | ManagementAndGeneralAmt |
| Fundraising | $6,870 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,360 | TotalAmt |
| Program Services | $46,176 | ProgramServicesAmt |
| Management And General | $13,928 | ManagementAndGeneralAmt |
| Fundraising | $9,256 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,562 | TotalAmt |
| Program Services | $21,548 | ProgramServicesAmt |
| Management And General | $202,014 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,500 | TotalAmt |
| Management And General | $5,500 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $917,535 | TotalAmt |
| Program Services | $871,635 | ProgramServicesAmt |
| Management And General | $45,900 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,159 | TotalAmt |
| Program Services | $5,273 | ProgramServicesAmt |
| Management And General | $1,550 | ManagementAndGeneralAmt |
| Fundraising | $16,336 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,631 | TotalAmt |
| Program Services | $21,158 | ProgramServicesAmt |
| Management And General | $6,220 | ManagementAndGeneralAmt |
| Fundraising | $4,253 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,720 | TotalAmt |
| Program Services | $33,258 | ProgramServicesAmt |
| Management And General | $9,777 | ManagementAndGeneralAmt |
| Fundraising | $6,685 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,217,936 | TotalAmt |
| Program Services | $1,217,936 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,594 | TotalAmt |
| Management And General | $5,594 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,574 | TotalAmt |
| Program Services | $23,795 | ProgramServicesAmt |
| Management And General | $6,996 | ManagementAndGeneralAmt |
| Fundraising | $4,783 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| GENERAL OPERATING SUPPL | $30,063 | $19,372 | $6,797 | $3,894 |
| WORKERS COMP INSURANCE | $17,688 | $11,469 | $3,355 | $2,864 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,864,530 | TotalAmt |
| Program Services | $3,108,616 | ProgramServicesAmt |
| Management And General | $543,581 | ManagementAndGeneralAmt |
| Fundraising | $212,333 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,566,740 | BOYAmt |
| EOY | $74,780,974 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,391,623 | BOYAmt |
| EOY | $3,795,320 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,669,005 | BOYAmt |
| EOY | $117,273,672 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,137 | BOYAmt |
| EOY | $44,462 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,273,523 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,273,523 | BOYAmt |
| EOY | $8,273,523 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,877 | BOYAmt |
| EOY | $13,583 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,948 | BOYAmt |
| EOY | $172,181 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,166,853 | BOYAmt |
| EOY | $204,353,715 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,536 | BOYAmt |
| EOY | $168,432 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $30,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,342,000 | BOYAmt |
| EOY | $59,249,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,962,000 | BOYAmt |
| EOY | $57,015,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,962 | BOYAmt |
| EOY | $186,617 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,576,498 | BOYAmt |
| EOY | $116,649,049 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,641,046 | BOYAmt |
| EOY | $83,458,427 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,949,309 | BOYAmt |
| EOY | $4,246,239 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,590,355 | BOYAmt |
| EOY | $87,704,666 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,166,853 | BOYAmt |
| EOY | $204,353,715 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $19,838,035 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$77,911 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $77,798 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | -$723,611 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $260,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,760,979 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,304,309 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,129,830 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,176,870 | CurrentTaxYearAmt |
| Total | $83,631,988 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $5,248,497 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,873,340 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,525,695 | CurrentTaxYearAmt |
| Total | $15,647,532 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $260,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,760,979 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $49,552,806 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,003,170 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,702,565 | CurrentTaxYearAmt |
| Total | $99,279,520 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $99,279,520 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $260,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,760,979 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $49,552,806 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,003,170 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,702,565 | CurrentTaxYearAmt |
| Total | $99,279,520 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,273,523 | OtherCostOrOtherBasisAmt |
| Book Value | $8,273,523 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,273,523 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST PAYABLE | Desc |
| Amt | $186,617 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $186,617 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,115,219 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$77,911 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $77,798 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | -$113 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,115,332 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $5,500 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $581,733 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $587,233 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,702,565 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,000,908 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $77,798 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $64,080 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $141,878 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,859,030 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $5,500 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $5,500 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,864,530 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. MANAGEMENT HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. CALIFORNIA TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS FOUR YEARS OF TAX RETURNS FILED. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE FINANCIAL STATEMENTS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ADJUSTMENT TO RECOGNIZE ORIGINATION FEE 253,423. ADJUSTMENT TO RECOGNIZE UPSIZE FEE 216,950. ADJUSTMENT TO RECOGNIZE EXTENSION FEE 81,360. ADJUSTMENT TO RECOGNIZE CONTRACT REVENUE 30,000. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOAN LOSS RESERVE EXPENSE 64,080. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REBECCA FOSTER | ||||||||||||||
| CEO | $199,460 | $0 | $54,000 | $0 | $0 | $0 | $2,500 | $0 | $16 | $0 | $255,976 | $0 | $0 | $0 |
| TAMAR DORFMAN | ||||||||||||||
| CFO | $184,560 | $0 | $34,000 | $0 | $0 | $0 | $2,500 | $0 | $16 | $0 | $221,076 | $0 | $0 | $0 |
| KATE HARTLEY | ||||||||||||||
| CHIEF LENDING & INVESTMENT | $197,560 | $0 | $43,350 | $0 | $0 | $0 | $2,500 | $0 | $16 | $0 | $243,426 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE MEMBERS OF THE GOVERNING BOARD FOR ACCURACY AND COMPLETENESS. |
| FORM 990, PART VI, SECTION B, LINE 12C | MEMBERS OF THE BOARD AND THE ORGANIZATION'S EMPLOYEES ARE REQUIRED TO RE-SIGN THE CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS. FURTHERMORE, THE CONFLICT OF INTEREST POLICY IS STATED IN THE ORGANIZATION'S BYLAWS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION REVIEW WAS CONDUCTED FOR CEO WITH AD HOC BOARD COMMITTEE LED BY BOARD CHAIR AND INCLUDED A CEO PERFORMANCE REVIEW SURVEY, REVIEW OF COMPARISON REPORTS ON COMPENSATION FOR CEOS, AND ANALYSIS COMPENSATION IMPLICATIONS ON FY BUDGET. COMPENSATION FOR THE CFO IS SET BY THE CEO AFTER A REVIEW OF COMPENSATION DATA FOR THE SAME POSITION IN SIMILAR ORGANIZATIONS, COMPILED FROM NONPROFIT SURVEYS AND 990 DATA. THE CFO COMPENSATION IS APPROVED BY THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTING FEES: PROGRAM SERVICE EXPENSES 871,635. MANAGEMENT AND GENERAL EXPENSES 45,900. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 917,535. |
| FORM 990, PART XI, LINE 9: | ADJUSTMENT TO RECOGNIZE ORIGINATION FEE -253,423. ADJUSTMENT TO RECOGNIZE UPSIZE FEE INCOME -216,950. ADJUSTMENT TO RECOGNIZE EXTENSION FEE INCOME -81,360. ADJUSTMENT TO DONATED LEGAL SERVICES -77,798. LOAN LOSS RESERVE EXPENSE -64,080. ADJUSTMENT TO CONTRACTS REVENUE -30,000. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| HOMES FOR THE HOMELESS FUND LLC | |||||||||
| 244 KEARNY ST 5TH FLOOR | SAN FRANCISCO | CA | 94108 | 371904352 | INVESTMENT AND LENDING | CA | $332,978 | $35,841,639 | THE SAN FRANCISCO HOUSING ACCELERATOR |
| SAN FRANCISCO HOMES FOR THE HOMELESS NO 1 LLC | |||||||||
| 244 KEARNY ST 5TH FLOOR | SAN FRANCISCO | CA | 94108 | 824786396 | INVESTMENT AND LENDING | CA | $0 | $8,575,468 | THE SAN FRANCISCO HOUSING ACCELERATOR |